The Aptos Foundation said it is working with digital asset service provider Daya and HashKey MENA on a regulated stablecoin payment corridor linking the Middle East and Africa. According to Techub News, citing Crypto Briefing, the planned arrangement is aimed at using stablecoins to cut the cost of cross-border payments. The partners also said the effort is intended to improve financial inclusion in emerging markets. The announcement centers on a payments use case under a regulated framework and names the three participating organizations, but the brief did not disclose a launch date, transaction scope, or other operational details.
The Aptos Foundation said it has partnered with digital asset service provider Daya and HashKey MENA to build a regulated stablecoin payment corridor between the Middle East and Africa.
The partnership is intended to use stablecoins to reduce cross-border payment costs and improve financial inclusion in emerging markets.
Techub News reported the development, citing Crypto Briefing.
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